Just 1 for me as it outshines all other shares which i have an interest in by about 100-1.
-Market Cap = $200 Million. -Funding of a staggering $335 million despite the tiny market cap. -Vanadium produciton this year. -Forecast in excess of $100-$180 million PA profit -Iron ore as a waste product! -Ex CFO for Fortescue Metals as the MD -Mangement own a large chunk of shares -Long term sales agreements already in place -19 year mine life (plus heaps more exploration area i think it was 29KM from memory) -Bauxite play on the side in Vietnam -Expected to produce 7% of total market for Vanadium
I wanna buy now which company is this??? I should let you all find out for yourselves as i am still accumulating BUT i don't think its going to stay at this price for much longer anyway.
Atlantic Limited (ASX:ATI)
There is a lot more that which I haven't gone into so do some reasearch yourself! Something you may find of interest may be to find out how much was spent on the mine by Xstrata before we picked it up for a song due to the GFC - It's alot ;)
